What Happened to Touch Up Cup after Shark Tank? Touch Up Cup Shark Tank Update
What is Touch Up Cup?
Touch Up Cup is a firm well known for its eponymous unique product. The Touch Up Cup is a container designed to hold leftover paint for more convenient touch ups.
The airtight cup maintains the freshness of the paint for up to ten years and features an integrated blending sphere for speedy mixing when shaken. Each Touch Up Cup is capable of holding thirteen ounces of paint.
Carson Grill, a teenager, invented and Jason Grill, his father, developed the Touch Up Cup. Later, the two would co-found the corporation and serve as co-CEOs.
Carson designed the product when he was thirteen years old; he now devotes his time to his education as a high school student, aside from his commercial responsibilities.
Jason, his father, has not publicly discussed his life or profession previous to the company’s formation, but he has spoken extensively about the product’s conception, development, and general trajectory since its start.
Who is the founder of Touch Up Cup?
Jason Grill and his 15-year-old son Carson Grill are the founders behind the home care product. Carson came up with the concept for the company’s flagship product after observing the difficulties inherent in touch-ups, including paint buckets getting rusted, paint it losing its freshness, and the sometimes onerous procedure of locating a container and instrument to mix or stir the paint.
He reasoned that there has to be a method to streamline and simplify the procedure. After discussing his thoughts with his father, the Touch Up Cup concept was developed.
He invented a container for storing doughnuts that prevents them from going bad. Carson has something going on, whether it’s his painting creation or one of his others.
Jason, Carson’s father, assists with patents and negotiations with foreign manufacturers, but Carson manages the majority of the firm. Walmart, Lowes, Home Depot, and Amazon, among other retailers, carry the product. The product three pack retails for $19.99.
What Happened to Touch Up Cup at Shark Tank pitch?
On episode 1201, Carson Grill and his father, Jason, look for a Shark investor for the Touch Up Cup, their leftover paint storage container. They require the assistance of a Shark to assist them in manufacturing and distribution.
Carson and Jason appeared on Shark Tank in seeking of $150,000 in exchange for a 10% stake in their firm, which worth $1.5 million.
Carson conducts the most of the talking during the pitch and the subsequent Raised a question The Sharks are pleased with his business acumen and ability to build a product.
He already has over 4000 retail outlets for the product and has a license agreement with paint accessory firm Frog Tape. Carson is in charge of the majority of day-to-day operations, while Jason is in charge of patents.
Father Jason is a full-time medical sales representative, and son Jason is still in school, thus they are looking for a Shark to assist them with running the firm.
Both Daymond and Blake demonstrate some curiosity. Daymond, on the other hand, does not wish to lead the firm and was concerned about who will. Additionally, he was hesitant to fund purchasing orders.
Blake expressed interest and stated that he would fund buy orders if it benefited him as an investor. Carson also promises to provide three other patented goods.
Blake believes that they require additional capital and offers $200,000 in exchange for 25% ownership of the firm.
Daymond offer $200,000 in exchange for 17.5% ownership of the firm. Daymond then revised his offer to $150,000 in exchange for 20% equity.
Blake’s offer was also revised to $150,000 for 17.5% equity shares. They ultimately choose Blake because he is more involved in the business’s success. They eventually concluded the pitch with a deal.
What Happened to Touch Up Cup after Shark Tank?
The deal with Blake was finalized. Blake tweeted following the broadcast, “One of the reasons he invested in @TouchUpCup is because he instantly connected with Carson and Jason.” He, as well, was a young entrepreneur, having founded his own business at the age of 19, while Carson was fifteen years old. He ecstatic to be a part of these two. #SharkTank #TouchUpCup.”
Jason Grill revealed in December 2020 that Touch Up Cup is developing a private label deal with painter’s tape company Frog Tape.
As of February 2022, the firm is still in business with $2 million in annual sales.
Competitors of Touch Up Cup
The main competitors of Touch Up Cup are; Thompson’s Water Seal and Touch n’ Paint.
Net Worth of Touch Up Cup
The company valuation was $1.5 million during the pitch, after the investment done by Blake the company worth $857,143. Since then the company is still operating and hence the company net worth might have been higher than that of pitch.
Touch Up Cup FAQs
What is Touch Up Cup?
Touch Up Cup is a container designed to hold leftover paint for more convenient touch ups and touch-ups.
Who is the founder?
Jason Grill and his 15-year-old son Carson Grill are the founders behind the home care product.
How much were they seeking on Shark Tank?
They were seeking for $150,000 for 10% equity the company is worth $1.5million.
Did they have the deal?
Yes, they had finalized the deal with Blake.
How much did they get on shark tank?
Blake offered $150,000 for 17.5% equity shares of the company.
Is Touch Up Cup still in business?
Yes, the company is still in business with $2 million in annual sales as of February 2022.
Is Touch Up Cup available for sale to the general public?
Yes, it is available for sale to the general public and has been since the beginning of its production.
How can I buy Touch Up Cup on Amazon?
Buy it on Amazon by clicking this link https://www.amazon.
How long can Touch Up Cup keep paint in cup?
The Touch Up Cup keeps the paint fresh for 10 years without it going bad.
Can Touch Up Cup hold any type of leftover paint?
Yes, the container can hold any type of leftover paint.
What is a good brand of touch up cup?
Touch Up Cup is a brand of touch up cup by itself.
Is Touch Up Cup shipping?
Yes, it is shipping now.
Is Touch Up Cup patented?
Yes, Touch Up Cup has patents, regarding paint storage container.
How much does Touch Up Cup cost?
The price of the product is $19.99 for 3-packs.
Can I get Touch Up Cup at Home Depot?
Yes, customer can get it at Home Depot and other retail stores.
Is Touch Up Cup a spray paint container?
Yes, Touch Up Cup can actually hold any type of leftover paint as long as it is not in the form of spray.
What are the dimensions of the touch up cup?
The dimensions of the touch up cup are 2 7/8 inches long, 3 7/8 inches wide and 5 7/8 inches high. The volume of a pint is 16 ounces.
How do I pay for Touch Up Cup?
Customers can pay for the product via PayPal, Amazon gift card, and credit card.
How do I clean and maintain Touch Up Cup?
Customers can clean the touch up cup by hand or by dishwasher. They should also not store it in direct sunlight because it can compromise the quality of the paint stored in cup. They should also avoid storing paint with a high temperature, high humidity environment.
Can Touch Up Cup be used as a spray brush?
No, the spray brush cannot be used as a spray brush. It can be used for any other kind of paint.
What is car touch up paint?
Touch up paint is a kind of paint that comes in small containers with a nozzle at its top to control the flow of the liquid. It is specifically designed to be used on cars to cover the scratches, scratches and minor damages.
What is the net worth of Jason Grill?
The net worth of Jason Grill is not available.
What is the net worth of Carson Grill?
The net worth of Carson Grill is not available.